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the table. >> to get a big package would require a big tax increase in the middle of the economic situation that's extraordinarily difficult with 9.2% unemployment. it's a terrible idea. it's a job-killer. >> reporter: on sin's "meet the press," treasury secretary tim geithner said failing to reach a deal would be catastrophic. >> we need to do something substantial to bring our long term deficit down over time. >> reporter: the stakes high as the two sides try again today. so, the president will be answering questions at a press conference scheduled for 11 a.m. eastern time this morning. he'll then meet with congressional leaders this afternoon. he's asked republicans to bring specifics for their plan. >> thanks so much. a reminder for you, we'll have live coverage of the president's news conference beginning at 11 a.m. eastern time right here on msnbc. the place for politics. >>> officials at nasa are closely monitoring a piece of so-called space junk, which is on a potential collision course with the space shuttle "atlantis" and the international space station. nasa estimates that the ob
. that means, the big deal. this is the moment of opportunity. this is the window that people have been waiting for, for sometime. where both parties can sit down and resolve this problem, once and for all. we know what the problems are. we spend too much. the president will not get serious about cutting spending. >> greta: there's been e-mails back and forth, yesterday money the media that the president got up and marched off and senator harry reid on the floor refers to leader cantor as childish. is that what has deteriorated to a bit of name calling? >> i think the president was frustrated yesterday. everyone of us around the take are frustrated. the president got frustrated and left abruptly. >> greta: appropriately or inappropriately? >> i think it was fine. i think he decided the meeting was over and go up and left. >> greta: was there any indication the meet something over, we'll talk tomorrow or was it just i'm out of here? >> we had already discussed meeting today. the president is frustrated. my goodness, the rest of us are frustrated too. i've been pushing the president all year to a
house correspondent, and from cnn money. go big or go home. what is the republican push back? >> reporter: we're going to be finding out very shortly because house speaker john boehner will take to the cameras at 1:30 eastern essentially in the rebuttal to the news conference from the president earlier today. but the push back for republicans has been tax increases. you have republicans who have insisted on no tax increases, and democrats that insisted if there will be spending cuts, to achieve trillions of dollars in deficit savings. they don't want to abandon -- if there are going to be cuts to programs that are huge, they want to be able to say we pushed for sacrifices from wealthy americans and corporations. they are trying to strike kind of a just right agreement. because on one hand, you have a lot of republicans, and many of them who were swept into power in the last election saying we're going to cut spending and make government smaller, so the idea of tax increases, and certainly this is something a lot of them literally pledged they will not do, randi, it would forc
in my book, they are too big, too corrupt, too destructive, too powerful. here in the u.s., there are basically five media companies that own almost all media. and in the uk, it's no different. rupert murdoch and his company simply had too much power. that's why we're seeing high ranking people, even prime ministers, even the head of scotland yard, tied up with this. they had so much power, they had to be kowtowed too. >> lisa bloom, we appreciate that. thank you very much. >> thank you. >>> this scandal is reaching deep now into rupert murdoch's inner circle, and you can be sure that the man at the top is feeling the pressure. murdoch has ads running in seven british papers through monday saying, quote, we are sorry for the phone hacking scandal at the "news of the world." the popular tabloid he just shut down. and here's what he said in his own words. the scandal is widening to another murdoch paper, "the sunday times," and now even the fbi is opening an investigation. the allegations, hacking the personal phones of public figures, and the not so public, from murder vi
enough to get a compromise and to get it through both houses. that remains a big question this afternoon, and -- and it doesn't seem like we've got a clear answer on really where that goes yet. >> all right. let's get out of the beltway for a second here, kate, because we've got a poll today showing 62% of americans now favor raising the debt ceiling one way or another, either with or without debt reduction. got a block of senate republicans accepting higher revenues, ie taxes, as part of tax reduction. are these holdout house republicans becoming more isolated, and are they begin to feel the heat to compromise here? >> reporter: it's hard to say. we've talked to some very conservative republicans about that, and they stand very firmly in their belief that they do not think this a tax increase should be part of any debt deal because they don't think that it's good for the economy, and they say many of them were elected in 2010 really basically on this point, that they need to get the country's fiscal house in order and not continue spending, spending, spending, that they should be reduci
on that in just a moment. i wish i could say there's big news about the debt ceiling talks. i can't tell you that. there's more drama than dealing going on in d.c. right now. a fifth round of talks is set for today. but yesterday didn't go so well. house republicans called for a short-term extension and house majority leader eric cantor says this is what the president said in response. quote, don't call my bluff, eric. and then he walked out a few minutes later. president obama said all along he'd veto any short-term measure. ed administration says failure to raise the $14.3 trillion debt ceiling by august 2nd could trigger a partial default on the part of the united states. thanks to that debt ceiling issue and the possibility of default you're on notice. i'm on notice. everyone from maine to san diego is on in. moody's investor services, the debt rating agency plans to review the nation's aaa bond rating and might downgrade it from stable to negative. standard & poors has the u.s. bond rating under review. let's talk about foreclosures for a second. realty track, the company that tracks the for
witt. first off for you this hour the big fight in washington over spending and the debt limit. as that august 2nd deadline to raise the debt ceiling grows closer. we go to the white house for more. >> reporter: good morning, richard. it's a day closer to what the president and many outside experts are calling a financial catastrophe and hope for a big deal, the so-called grand bargain appears to be all but lost. the action turns to congress and whether they can pass a scaled down version of debt reduction before the country runs out of cash. taking his case public for the second time in a week, president obama accused republicans of refusing to compromise. >> the problem is members of congress are dug in ideologically into various positions because they boxed themselves in with previous statements. >> reporter: with the clock ticking towards what the president described as are a ma fw -- armageddon, he's hoping a deal could still be struck. >> but we got to get started now. that's why i'm expecting some answers from all the congressional leaders sometime in the next calm of da
crisis at a time when she is surging in the polls ahead one of the big favorites sarah palin. jonathan karl is in washington and has more on all this. good morning, jon. >> reporter: good morning, robin. there is no presidential candidate with more momentum right now than michele bachmann. ♪ my home in -- >> reporter: no republican presidential candidate has taken a harder line on the debt ceiling showdown than michele bachmann. >> we were all shocked and appalled that president obama dangled out in front of the cameras that senior citizens may not get their checks. that's a very dangerous statement to make. we don't believe -- excuse me. excuse me. we don't believe that for a moment. >> reporter: tough talk from bachmann is nothing new but she now speaks with new-found authority as a top tier contender for the republican presidential nomination. a new national poll puts bachmann firmly in second place as the leading challenger to front-runner mitt romney. and in key first caucus state iowa, three separate polls over the past week put bachmann in first place. >> republican primary vo
aren't paying as much attention to it, but it has big news over in the uk. hugh grant among a lot of people who say their phones were hacked by journalists. richard, you talked to him, what did he say? >> reporter: it's interesting, you say. the scandal is large, it's growing. the british government today said that there would be a public inquiry when the police are finished investigating. rupert murdoch, who owns the newspaper, by the way, it's this newspaper we're talking about, it's call "the news of the world," the normal rumor and gossip all dressed up with scantily clad ladies. when they started wholesale hacking of voice mail, it went into a different league. particularly, it was celebrities, it was stars, and now it's being dead murdered girl's voice mails and the patient parents of bomb victims and the like. when i talked to hugh earlier today, he said it's time to stop, it's time to say these newspapers, enough is enough. >> well, it began with just personal grievance, because i was a victim of phone hacking. and then i had this extraordinary piece of luck, where i ran i
about "atlantis." that's the big deal out there. again, we're hoping to get "atlantis" off the ground, but right now look at the radar over florida. all the green is the rain. this is where the shuttle will be launching from, cape canaveral. all the rain should encompass this area later today. it will only increase in its coverage. right now a 70% chance that we do not watch "atlantis" lifting off. temperatures fine, winds not too bad. it will really just be all the clouds and rain that will delay the launch later today. who knows? maybe they'll get lucky. conditions are still hot down in arizona. 109 in phoenix. we'll be watching showers and storms in the colorado rockies. we're watching beautiful weather from san francisco to medford. much of the west today going to enjoy a real >>> weekend forecast going up a little later. >> always gorgeous in los angeles. they have the best weather. >>> retail sales rise, jobs jump and a trashy#mk tabloid bites dust. your early morning business headlines are straight ahead. >>> can a comedy about mean bosses beat out the raging bo r -- robots a
casey anthony, big day. she's getting out of jail on sunday. will you be doing some commentary this weekend? or are you taking this weekend off? >> i may very well, but certainly i'll be talking about it on monday morning. >> have a good weekend, whatever you might end up doing. good to see you as always. thank you so much for being here with me in the cnn news room. i of course will be with you tomorrow and sunday. >>> the president said he's willing to think small if he has to in order to break the stalemate over raising the debt limit. also new apologies from media mogul rupert murdoch. he met with the family of a murdered teenager whose phone was hacked by his now defunct tabloid. there are fast-moving developments in this scandal. it's ungulfing his entire news empire. and as casey anthony prepares to get out of jail on sunday, will she shun the media spotlight or will she try to capitalize on her supposed fame? i'm wolf blitzer. you're in "the situation room." >> president obama back at the bully pulpit for the second time this week to make sure ameripay bill. he went bef
's office admits it is a big blow to the department. >> it was a tough blow to swallow to let those highly trained officers go. to ruse 66 officers with that training, that's a huge investment the city has basically lost. >> reporter: he said the training is crucial for a person who might not understand why police have a gun pointed at him. the police department says it will pull officers from other beats if it has to to respond to a cit incident. the department concedes that will delay response time. we're at police headquarters, nbc bay area news. >>> we have some breaking news to share with you. she was one of the most active and socially forward and well known first ladies of our time. but today, betty ford has died at the age of 93. betty ford was married to former president gerald ford for 58 years. he also died in 2006 at the age of 93. elizabeth ann warren ford was born april 8, 1918. she was known as betty ford and won't to also serve as the first lady of the united states from 1974 to 1977. she was very active in social policy, shattering lots of precedents and had a very moderat
, welcome to "the early show" here on a monday morning. i'm chris wragge. >> and i'm erica hill. >> big sports news this weekend. >> huge. >> you had to seeing it, everybody is talking about it. women's world cup soccer, after one of the most thrilling girls in the history of soccer, penalty kicks, ally krieger. tied up. everyone saying lights out, it's over, they're going over. they tie it up, shoot-out they take it 5-2 over brazil and now in the semifinals. >> they're going to meet france on twewednesday. just fantastic to watch. i love watching the players, how excited they are. brazil no joke when it comes to soccer. >> 12 years to the day after brandy chastain the shirt -- you remember that. >> i do. i do. >>> first we want to touch on yes, the debt ceiling. starting to sound like a broken record. the deadline is looming for raising the debt ceiling. there were more talks at the white house on sunday. still no resolution. president obama told lawmakers be prepared to meet again today and every day until a deal is reached. cbs news senior white house correspondent bill plante has th
's big three credit rating agencies, warned it might have to lower the country's top notch credit rating if lawmakers don't come it an agreement soon on raising the debt ceiling. this a starnlgts moodeddy's said its action was prompted by the possibility that the debt limit will not be raised in time to prevent a missed payment on u.s. bonds with a small but rising risk of a short-lived default. economists say if the aaa rating is lowered, it would throw the financial markets in to chaos and the cost of were rowing would go up for everything from mortgages to car loans. federal reserve chairman ben bernanke warned -- >> i think the worst outcome is that at some point, you know, we default on the debt and that would creates a i said before a huge financial calamity. >> reporter: sources say the president knew about the moody's warning as he headeded in to wednesday's meet which go all sides have described as very tense. republican majority leader eric cantor quoted the president as saying, i have reached the point where i say enough. would ronald reagan be sitting here? i've reached my li
. the big task in outer space is moving a 12-ton module into place. it's 6:00 and a summer like day's start. sharon has problems on the pavement and marty has the weather. >> well, shuttle wakeup music will be over in a few days. there's your impact in your neighborhood. we'll point that out. it will be a sunny, hot one. it's the middle of july, it's supposed to be this way. mid-70s now and on the way to 94. the normal is 88. it is what it is. it will be getting hotter tomorrow. we'll be closer to a hundred. we'll talk about that shortly. >>> if you have a ton and a half module to move around, here's sharon gibala. >>> well, you shouldn't have too many problems at this hour. we have just a few minor issues. that's on chesterfield at hawkins road. one lane is blocked there. everything's running at full speed. the top and the westsides are looking good. no issues out there on the westside. that's at old court road. the eastside is looking nice. especially with the sunrise. traveling downtown, they started construction for the grand prix on light street between key highway and pratt street. re
heated yesterday between obama and eric cantor. while they bicker, the big three credit rating agencies are warning the aaa bond status could be at risk. the debt ceiling deadline, as you may know, is august 2nd, but the president set tomorrow for the deadline to see if a grand bargain is possible, if not a bare bones bargain. if not, payments to critters, bill payments, you name it, there is not enough income to cover all that. every month we come up $125 billion short. if we cannot borrow to bridge the cap, 40% of the monthly obligations could not be paid, and that could include social security checks due to go out on august 3rd. the stakes we just laid out are monumental, so both sides have to give ground and risk their jobs for the good of the country. what is so hard about that, right? joining me with their insights on conflict resolution are cnn contributor, pete dominic, and family law attorney, mrs. winestein. what does it take for two entrenched parties to agree on a deal that both need? >> well, you know, the obvious is that you take the emotion out of the room and you try to
>>> big news in washington this morning. one debt ceiling deal appears dead. will a critical meeting later today help save the american economy? new details about how the cia tracked down osama bin laden. the story of one analyst's dogged determination to get the leader. >>> rolling out the red carpet. the british royal company meets and greets some hollywood's biggest royalty. the scoop and buzz from their trip. >>> the 10 million mile man. you're going to meet the guy who just set a new record for the most flights on an airline ever. pretty cool stuff. good morning. i'm thomas roberts in for alex witt today. thanks for joining us. we get right to it. two big issues are making headlines this morning in washington. jobs and the debt ceiling talks. treasury secretary tim geithner appeared on "meet the press" with host david gregory. >> it's going to take a long time still. h is a very tough economy. i think for a lot of people it's going to feel very hard, harder than anything they've experienced in their lifetime now for some time to come. that is because that is the tragic e
the band-aid. eat our peas. >> reporter: of course, taxes remains the big sticking point. the president, though, insisting that nothing would change before 2013 so it would not happen during a difficult economic environment, but house speaker john boehner saying that there's no reason to raise taxes in order to control spending. he believes the best way to get revenue is by improving the overall economy by creating jobs. he says he is willing to get a deal done with democrats and the white house, but, in his words, it takes two to tango and they are not there yet. >> dan lothian at the white house, thanks. >>> the debt crisis overseas sending a chill through wall street this morning. less than half hour before the opening bell, u.s. stocks may be headed for another rough day. ali velshi is joining us live from new york. ali, what does it mean? >> well, you know, first of all, futures seem to be leveling out a little bit, kyra. a couple of things going on here. one as dan was just saying, we just heard from the treasury secretary who is making a speech and he says he is expecting a deal
: that is not the problem. the problem is the mentality of people saying, monica, the government owes me. how big a problem do you think that is? >> entitlements are narcotics. this is why the left loves to expand the entitlement program in america and they instituted a massive new program called obama care which is essentially socialized medicine. once people get aticted to the narcotic of the entitlement, social security, medicare, medicaid, we have a whole array of entitlements, you get addicted to it, it is difficult to take it away. >> bill: what is the government's responsibility in bad economic times to feed people through food stamps. they have explode. >> we have 47 million americans now on food stamps which is a record breaking number that is heart breaking. >> bill: is that a nasca narco. >> we is so many drk including the food programs and benefits for the poor. >> bill: is that a narcotic? >> i will tell you why. it creates a culture and pattern of victimization. >> most people want to work and do not want a handout. most people want to compete and be in the game. they don't want to sit back a
on this bill today. but i think one of the big problems you face is that once he does send -- gets this through, if he does get it through, it's going to be very hard to get any of his republicans to vote for the real compromise in a day or two or three. >> reporter: well, that's exactly right. both of your points right. first of all, there are no negotiations going on in that final compromise right now because all the focus is getting this passed in the house. speaker boehner isn't exactly taking calls now from democrats. but he's trying to get his own republicans in line. once he does this, this is going to be very difficult for him to get -- to go any further by way of compromise. if there is a compromise, it's going to take a lot of democrats to pass it in the house. >> a lot of democrats, that's exactly right. okay, jon karl, jake tapper, thanks very much. key market openings sunday night, the next big deadline to watch for, as well. >> reporter: that's right. >> the asian market. elizabeth, this is just so uncertain going into the final weekend. >> well, and certainly the public is starti
. they do, however, believe she's no longer in central florida. when she left the jail, you saw the big crowds there. there were people yelling "killer" in that crowd as she got into the suv and left. there is a great deal of emotion still unresolved around this case. we saw a lot of people getting together who were doing something peaceful with those emotions over the weekend. they went to the site where caylee anthony's body was discovered and held a march from that site to the anthony home. all to remember the child whose death started all of this. it was a very solemn occasion. a lot of people walking in the street. at one point it was reported there were cars lined up on the road about a half mile long of people just parking on the roadside going into those woods where her body was discovered to go to that spot and remember that little girl. again, a great deal of emotion. people trying to process all of this on their own. but casey anthony at the moment is still staying out of the public eye even though she has a lot of legal entanglements she will still have to address in the mon
for wealthier americans. that's the reason john boehner says the talks have broken down on the big deal. the white house pushing back saying that boehner had initially agreed to tax increases as part of a deal. where does it go from here? the white house saying that the president still at that meeting today will be pushing for that big deal because they don't believe this is the time to back down. but no doubt, the latest developments will put a great amount of pressure on these talks this evening. >> there has been some compromise. why though might that not be enough to kind of put things back on track? >> reporter: that's right. the compromise you're talking about there, at one point the democrats and president in particular had said that social security and medicare would not be part of this overall deal but in recent weeks the president has been warming up to the idea and putting social security and medicare on the table. but there's been a lot of pressure from the left from liberal democrats who don't believe that some of the hardest working americans should be paying the price whi
>>> big news in washington this morning. one debt ceiling deal seems dead. will a critical meeting later today help save the country's economy. >>> the space shuttle docks for the last time with the space station. we'll get a unique perspective from a former astronaut. >>> rolling out the red carpet. take a look at this. the british royal couple meet and greet some of hollywood's biggest stars. we'll get all the buzz from their trip. >>> busting medical myths. a new book that separates fact from fiction on some big health questions. for example, does vitamin c really help stop holds? i'd like to think so. >>> good morning, i'm thomas roberts. alex witt has the day off. welcome to msnbc sunday. big news to talk about from washington this morning on those debt ceiling talks. it appears at least one deal is dead. the so-called grand bargain between the white house and the gop will not be happening. the grand deal called for $4 trillion in spending cuts and closing some tax loopholes. now republican house speaker john boehner says he wants no tax hikes included in the deal. but could a
this big deal, takeover bid by rupert murdoch of british sky here. people don't want to see that deal go through, kyra. >> we'll continue to follow that story. i have a feeling a lot more is going to break, it's just starting to unfold. zain, thanks. >>> trying to broker a deal. in less than two hours from now, he will turn to the public with a news conference. dei dan lothian joins us from the white house. >> reporter: medicare and social security they don't want touched by this deal and on the other side, republicans are saying no tax hikes at all. you're seeing the president using his bully pulpit, if you will, for the second time now in as many weeks, the president holding a press conference, a chance to try to get both sides to sit down and hammer out an agreement and spell out what the consequences will be if that debt ceiling isn't raised by august 2nd. the president, aides tell me, will continue to push for what's being called that bigger deal, up to $4 trillion in spending cuts and also tax hikes. the reason for that is because the president believes that this is the best thing
.m. this meeting last night came after word of a potential deal and a pretty big deal after word of a potential deal really stole the headlines yesterday afternoon and overnight. this would be, as i said, a pretty big deal. $3 trillion in deficit savings over ten years. and we only have a rough sketch of it. what is interesting, don, as you said, the white house is shooting this down. they say there is no deal. we heard jay carney shoot this down yesterday. the speaker's office is saying there is no deal but we have from congressional sources who are speaking on anonymity there is a framework. at 10:00 a.m. we will detail what the sources are telling us is in this potential agreement. >> only 10 1/2 days. thank you very much. we will be coming back to you throughout the day. >>> among an already crowded field of gop presidential candidates, a new cnn/orc poll suggests that texas governor rick perry may want to throw his hat into the ring too. mr. paul steinhauser joins us live from washington. >> rick perry is thinking about jumping into the white house and could do it. stay tuned on that. the
. in fact murdock's empire is so big, i, myself, i remember when -- >> my question to you, mr. mcmullen, if we can stick to this -- because i know that you and hue grant -- >> i was by murdock. again, little sympathy for stars who take the money for a 20th century fox picture. >> mr. mcmullen can you hear me? >> analyzing their private life, it hasn't caused change. this week, laughingly, but when hugh grant turned me over in the same way that i had -- >> producers, can we stop this, please? yes, i would like him to be able to hear me, so we're going to bring him back after the break, because he's not answering my questions, that's paul mcmillan who's a former news of the world reporter, he says that that type of behavior has been condoned and encouraged at his newspaper and others. when we can hear me we'll bring him back right after the break. >>> a kentucky woman is told to stop speaking in court and goes after the judge, it's all caught on camera, you're going to see how it all played out. and if you haven't heard of southern california's one of the major highways is shut down
of the united states of america. and the craziest part -- >> the u.n. wants to spend a big chunk of that money on things that have nothing to do with climate change in third world countries. stuart varney is here to weigh in on this. so where does this come from? where does the money come from and where would they like to see it go? >> where do you want to start on this one? this shows you how totally out of wack the global warming community is with american public opinion. what the u.n. says is this -- we need $1.9 trillion each and every year for 40 years in order to solve the climate problem worldwide and to reduce poverty and hunger worldwide. so they're bringing in poverty and hunger along with climate change. >> it's not all green. it's poverty, hunger and everything else. >> but you cannot eradicate poverty and hunger without going green because if you don't go green, you increase poverty and hunger. you got it? >> so where is this money expected to come from and how much is coming from the united states? >> ok, we contribute 22% of the united nations budget so theoretically, if this
are as far apart as ever on a plan to raise the debt ceiling. the president makes one last big push to get a deal done, but what happens to your bottom line if there is no deal? the effects are very real. >>> countdown. one of the most controversial figures in american life right now is just hours away from walking out of jail after being acquitted of murdering her toddler. what will casey anthony do now? can she go home? will she sell her story for a million dollars? we've got a live report. ♪ it's the end of the world as we know it ♪ >>> and carmageddon. los angeles is brought to a standstill as the busiest freeway in america is shut down overnight. millions of residents are now hunkered down in their homes refusing to go out. there are fears of gridlock, chaos and anarchy. really? ♪ light a candle >>> this carmageddon thing has the potential to be a huge mess, but we are also watching something truly extraordinary this morning. one of the most feared figures in the media world in full damage control. rupert murdoch, owner of fox news and "the wall street journal" here in the u.s.
. >>> finally in north carolina, take a look at this minor league right fielder who made a big play on tuesday. he stole the show robbing a player of a home run by making a miraculous catch despite taking a nasty tumble over the wall. there he goes again. oh! miraculously, the player didn't suffer any injuries. oh, my goodness. now for a lock at your national and regional weather, here's nbc meteorologist bill karins with the weather channel forecast. that couldn't have felt good. i mean, no injuries, but -- >> especially because the fence was only waist high. >> he took a tumble for sure. >> good morning, everyone. around the country today, the heat is the story. there's going to be showers in store, but nothing too dramatic. not too bad in phoenix yesterday after a historic dust storm from two nights ago. temperature very well, look at that. we are at 91 still at this hour in phoenix. we are 60s up around portland and medford. as we mentioned, not a lot of bad weather out there. there were some showers and scattered thunderstorms in the rib country of northern arizona. now we are still watch
street is worried about washington. late wednesday moody's one of the big three credit rating agencies warning it might have to lower the rating if lawmakers don't come to an agreement on raising the debt ceiling. in the statement it said the action was prompted by the possibility that the debt limit woil not be raised in time to prevent a missed payment on u.s. bonds with a small but rising risk of ashort-lived default. economists say if the aaa rating is lowered it will throw the financial markets into chaos and the cost of borrowing would go up to everything from morlts to car loans. ben bernanke warned. >> i think the worst outcome if we don't raise the limit, at some point we default on debt and that would create as i said before, a huge financial calamity. >> reporter: sources say the president knew about the moody's warning as he headed into wednesday meeting which all sides describe as tense. republican majority leader eric cantor cited the president as saying i have reached my limit. he left saying i'll see you tomorrow. the two sides couldn't even agree about what happened in
tough choices for a big budget deal. today he said without a deal there may not be enough money to send out social security checks. for many republicans in congress, opposing tax has become more than ideology. it's become religion. they're abdicating now their responsibility to co-govern. how are we ever going to get a deal if republican leaders more afraid of the tea party than they are of the economic collapse to come? >>> also, pray away the gay. michele bachmann's husband says the christian counseling practice he runs does not try to pray gay straight, but the video tells a different story. this may make michele bachmann more popular with her base, but what after everyone else? >>> plus, the murdoch scandal keeps getting bigger and bigger. gordon brown told the bbc that murdoch people used known criminals to get access to his personal information and try to bring down his government. the story has now hit the "sunday times" of london and his company stock is sinking. how bad will this get? jon stewart and british ex-pass had fun, a lot of fun, actually, with the murdoch story. that'
on this planet as we know it today. that is a very big deal. chris stirewalt joins me, fox news digital politics editor, i should say. so, chris, how long do we have on the planet, life as we know it? what's your take? >> i'm not buying anymore green bananas. [laughter] it sounds like we're headed into real trouble, doesn't it? martha: it sure does. >> well, look, the speaker -- the former speaker, pelosi, now the minority leader in the house demonstrates that before you get to the end on something like this, everybody has to say something totally over the top, and now she's taking her turn. the truth of the matter is we're probably closer now to a deal and closer now to a bipartisan resolution than we ever have been because as house republicans start to saddle up behind john boehner's plan getting over their grumbling about the fact that it doesn't give them everything that they want, it brings us closer to the final vehicle which will get republican and democratic support in the senate and move us on to an increase in the debt ceiling and some kind of a deal. martha: yeah. you know, there are
reform. it is quite a big undertaking considering there isn't a lot of time left but certainly some movement that we have seen since yesterday, guy. >> any specifics? i think important people who are listening to the process of what's happening in washington, what this means for people over a longer period of time is fewer services and smaller government and maybe higher taxes or higher cost of living your life as the services go away. i mean, all of these have amazing and long lasting ramifications for how we live our lives. my specifics? >> huge long -- no. honestly in terms of the specific, i mean, we can talk generally about where the cuts would come from, entitlements, defense spending, you can see how that would affect different people and the nation as a whole. specifics, no, i think we are going to be getting, obviously, more details on that to come. let's just take a look at some of the things that some of the folks who are coming here to the white house are going to demand because, remember, president obama is hosting eight members of congress, top two democrats and top tw
a moment ago, l.a. is gearing up for gridlock. you might be thinking, well, what's the big deal? it's l.a. they are used to gridlock on their highways. but this is different. they are calling it carmageddon, and it's set to begin soon. but first, let me give you a update on where we are with the debt negotiations going on in washington, d.c. at 4:15, that's a little more this an hour from now, the talks are set to resume right there at the white house. now, it was this time yesterday we told you that these talks were getting a bit testy. the two sides, why not be getting testy, are under pressure of an august 2nd deadline to get a deal to raise the debt ceiling or risk a u.s. government default on its bills. well, last evening we are told things became even more testy, extremely heated. we'll get to more on that in just a moment, but first an extremely urgent call within the past half hour from the treasury secretary himself. take a listen. >> the eyes of the country are on us, and the eyes of the world are on us, and we need to make sure we stand together and send a definitive signal t
a big jump in income, but the extra money coming in didn't mean approval. >> the reason i was told that i was declined, because too big of a disparity between my 2009 and 2010 income. >> the bank is looking for steady income flow, and that self-employed person cannot show that now. >> when the housing market went bust, lenders pulled back, over compensating and tightening their lending standards. in fact in today's market almost a quarter of all mortgage applications are denied. >> we were too lenient in the early 2000s, and too tight right now, and we need to find somewhere in the middle. >> do you think at some point you will give up and not go through this? >> yeah, that entered my mind a couple times. >> as for the lender, prosperity mortgage says privacy laws dictate we protect the personal information of all individuals so we are unable to comment on the specific case. but the story ends well, they found another lender to give them a loan. but you need to be prepared to work through a difficult process. alison, we heard donovan say it should be easier for folks buying a home.
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